Contents -- Acknowledgments -- Foreword -- Executive Summary -- Acronyms and Abbreviations -- 1 The Pacific Context -- 2 Economic and Social Development Progress since 1992 -- 3 World Bank Assistance to the PMCs, 1992-2002 -- Objectives and Strategies -- Lending Services -- Nonlending Services -- Partnerships -- 4 Development Outcome Assessment -- Outcome: Moderately Unsatisfactory -- Institutional Development Impact: Negligible -- Sustainability: Unlikely -- 5 Contribution to Outcomes -- Bank Performance -- Client Performance -- 6 Findings and Recommendations -- Annexes -- Map of East Asia and Pacific Region -- Annex A: Pacific Member Countries -- Fiji -- Kiribati -- The Marshall Islands -- Micronesia -- Palau -- Samoa -- The Solomon Islands -- Tonga -- Vanuatu -- Annex B: Statistical Tables -- Annex C: List of World Bank Activities in the Pacific Region, 1992-2003 -- Annex D: Selected World Bank Policy Recommendations to the Pacific Member Countries, 1992-2002 -- Annex E: List of People Interviewed -- Annex F: Guide to OED's Country Evaluation Rating Methodology -- Annex G: Comments from the Government of Fiji -- Annex H: Management Action Record -- Annex I: Chairman's Summary: Committee on Development Effectiveness -- Endnotes -- References -- Boxes -- 2.1 The U.S. Experience in the Compact Countries Underscores the Lesson that Financial Aid in Itself is Insufficient to Ensur -- 3.1 The "Small States Agenda"-An Overall Framework for Bank Assistance to the Pacific? -- 3.2 Several Distinct Types of Regional Assistance Strategies Exist -- 3.3 Themes of the World Bank's Regional Economic and Sector Reports, 1992-2002 -- 6.1 Applying CDF Principles Going Forward -- Figures -- 3.1 World Bank Lending to the PMCs Was Significantly Lower than to Other Low-Population Countries -- Tables -- 1.1 The Nine Pacific Member Countries Are a Diverse Group.

2.1 Per Capita Income Growth since 1992 Has Been Disappointing -- 2.2 Limited Access to Infrastructure Continues to Be a Constraint -- 2.3 Social Indicators Have Continued to Improve, Although Poor Conditions Persist in Parts of the Region -- 2.4 Other than Fiji, the PMCs Remain Highly Aid Dependent -- 3.1 Sector Distribution of Aid to the PMCs Has Tended toward the Social Sectors -- 3.2 Twenty Bank Lending Operations Were Active during 1992-2002 -- 3.3 World Bank Lending Was a Small Proportion of Official Development Aid to the Pacific Region, 1992-2002.